Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.
24-hour 529 tax break
December 2, 2021
Quick way to capture a 529 tax break when a student is in college
An easy way for you to cut your college costs can be as easy as depositing money into a 529 account for just 24 hours. After moving money into a 529 account, many savers can quickly turn around and withdraw the cash to pay for their child’s college tuition and other qualified expenses. Here’s why you would want to make...